SL Green Announces New 11,243 SF Lease with Zelnick Media Corp at 19 West 44th Street
August 1st, 2007 at 9:36 AM
New York, NY – August 1, 2007 – SL Green Realty Corp. (NYSE: SLG) today announced that it has completed a new ten-year lease agreement with Zelnick Media Corporation, a private equity firm specializing in the media industry, covering the entire 18th floor penthouse comprising 11,243 square feet at 19 West 44th Street.
“We’re pleased to welcome Zelnick Media to 19 West 44th Street,” commented Steven Durels, Executive Vice President and Director of Leasing and Real Property for SL Green. “This transaction provides Zelnick with unique space featuring dramatic 15-foot ceilings and elaborate outdoor terraces.”
Located between Fifth and Sixth Avenues in close proximity to both Times Square and Grand Central Terminal, 19 West 44th Street is an 18-story building containing 286,279 rentable square feet. Current tenants include accounting firm, Urbach Kahn Werlin Advisors, and consulting engineers, Robert Derector Associates.
Alan Desino and Harly Stevens of CB Richard Ellis, Inc represented the tenant and Amy Shustek of SL Green Realty Corp represented the landlord in this transaction.
About SL Green Realty Corp.
SL Green Realty Corp. is a self-administered and self-managed real estate investment trust, or REIT, that predominantly acquires, owns, repositions and manages Manhattan office properties. The Company is the only publicly held REIT that specializes in this niche. As of June 30, 2007, the Company owned 32 New York City office properties totaling approximately 22.5 million square feet, making it New York’s largest office landlord. In addition, SL Green holds investment interests in Manhattan retail properties totaling approximately 284,000 square feet at nine properties, along with ownership of 33 suburban assets totaling 7.0 million square feet in Long Island, Westchester County, Connecticut and New Jersey.
To be added to the Company’s distribution list or to obtain the latest news releases and other Company information, please visit our website at www.slgreen.com or contact Investor Relations at 212-216-1601.